Wednesday, December 12, 2007

Anniston BOE to decide payroll issue later

The Anniston Board of Education will decide next week whether to seek a loan to make its December payroll.

Board policies require employees be paid on the last working day of each month, which will be Dec. 20.

But the system will not find out from the Alabama Department of Education when its monthly state money will be transferred to its account until Dec. 17.

In 1999 as well as the past three years, the board approved a short-term loan to make sure its account was sufficient to pay its more than 300 employees for December.

Interim Superintendent Joan Frazier said at Tuesday’s work session that the state typically transfers Anniston’s money anywhere between the 17th and 21st of each month.

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